The US and China are discussing launching a new “Board of Trade” to help manage what both countries could sell to each other. The mechanism, floated after trade talks in Paris, could lower barriers for commerce in non-sensitive sectors though details remain unclear. Beijing voiced openness to increasing its purchases of US agricultural goods, and Washington suggested it welcomed more Chinese investments. Both sides seem “interested in reaching something broader” than the extension of the trade truce reached last fall, analyst said. A delay of US President Donald Trump’s trip to Beijing appears unlikely to derail trade negotiations, experts noted.
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The US and China are discussing launching a new “Board of Trade” to help manage what both countries could sell to each other. The mechanism, floated after trade talks in Paris, could lower barriers for commerce in non-sensitive sectors though details remain unclear. Beijing voiced openness to increasing its purchases of US agricultural goods, and Washington suggested it welcomed more Chinese investments. Both sides seem “interested in reaching something broader” than the extension of the trade truce reached last fall, analyst said. A delay of US President Donald Trump’s trip to Beijing appears unlikely to derail trade negotiations, experts noted.